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Major shareholder in ASPL with 96.2% Prodea Real Estate Investment

Major shareholder in ASPL with 96.2% Prodea Real Estate Investment

10.08.2022

PRODEA Real Estate Investment Company SA increased my share in Aphrodite Springs Public ltd (ASPL) up to 96.2 % . Company acquired 7,245 shares of Aphrodite Springs Public ltd from IREP2 Midco Limited (“IREP2 MidCo”).

IREP2 MidCo sold its 7,245 shares of Aphrodite Springs Public ltd (36.2% share) at a price of EUR 650 per share as part of its investment strategy.

The transfer of shares was completed via an over-the-counter (“OTC”) transaction on June 30, 2022, after receiving the necessary approvals from XAK.

Following the completion of the transaction, as mentioned above, Prodea’s stake in ASPL increased to 96.2%.

Source and photo: inbusinessnews.reporter.com.cy, Editor estateofcyprus.com

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